Cement News tagged under: Cementos Chihuahua
Higher fuel and power costs affect Mexican cement producers22 November 2018, Published under Cement NewsEBITDA margins of Cemex, Moctezuma, Cementos Chihuahua and Elementia have contracted by 0.5-2 percentage points in the 3Q18 as fuel and power costs in Mexico have risen. "At least half of the increase in costs was due to increases in energy, both electricity and energy, whose prices are dollarised," said Carlos García, infrastructure analyst at Signum Research. In the case of Cemex, the company’s overall EBITDA margin fell by 1.1 percentage points to 18.8 per cent while in Mexico, its ope... |
Cementos Chihuahua sees 58% EBITDA hike in 4Q1714 February 2018, Published under Cement NewsCementos Chihuahua increased its EBITDA by 58.4 per cent YoY in the 4Q17 due to higher cement and concrete sales in Mexico and the USA as well as a 6.2 per cent cement price increase, according to a company statement to the Mexican Stock Exchange. "In the United States, sales increased 29.8 per cent and accounted for 76 per cent of Cementos Chihuahua's consolidated net sales. In Mexico, fourth-quarter sales increased 22.6 per cent and accounted for 24 per cent of net sales," said the stat... |
GCC achieves 23% YoY rise in 2Q sales26 July 2017, Published under Cement NewsMexican cement producer Grupo Cementos Chihuahua (GCC) announced a 22.6 per cent YoY rise in consolidated net sales to MXN4497m in 2Q17 from MXN3669m (US$242.4m). The company derives the majority of its sales in the US, where net sales advanced 28.9 per cent YoY to MXN3455m in 2Q17. In its home market of Mexico, sales expanded by 5.5 per cent YoY to MXN1042m in 2Q17 when compared with 2Q16. Cement price realisation in the second quarter improved 16.9 per cent in Mexico but was more ... |
Cemex re-organises its Cementos Chihuahua investments30 August 2016, Published under Cement NewsGrupo Cementos de Chihuahua’s ownership is being restructured, with Cemex taking a 23 per cent direct stake as well as a minority interest in Camcem, which will be the majority shareholder in Cementos de Chihuahua. Cementos de Chihuahua will remain a quoted company. Cementos de Chihuahua saw its turnover for the first six months decline by 1.4 per cent to US$333.4m, with the US operations registering a 4.2 per cent improvement to US$235.4m, while the Mexican activities registered a 13.3 p... |
Cementos Chihuahua 3Q15 sales rise 23% YoY28 October 2015, Published under Cement NewsMexico’s Cementos Chihuahua posted sales of MXN3.983bn (US$241.4m), up 23 per cent YoY, in the third quarter of 2015. The rise in turnover has been attributed to higher volumes and prices in Mexico and the USA. Sales in the US expanded by 24 per cent on the back of a three per cent advance in cement volumes in Minnesota, Texas and Colorado as the building and infrastructure sectors generated extra demand. This helped offset an 11 per cent fall in concrete sales. In Mexico, sales saw a ... |
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